Turkish metal producers' foreign sales prices down 2.24% in November

Friday, 20 December 2019 16:36:19 (GMT+3)   |   Istanbul
       

According to the figures released by the Turkish Statistical Institute (TUIK), in November this year Turkish producers' foreign sales price index (PPI) in general decreased by 0.45 percent compared to October and was up 5.59 percent year on year, while an average rise of 15.99 percent was registered for the latest 12 months.

In November this year, the foreign sales prices of producers in the Turkish domestic basic metal industry decreased by one percent on month-on-month basis and were down 2.24 percent compared to the same month of 2018. Meanwhile, the average increase in prices in the latest 12 months was 12.52 percent.

On the other hand, in November this year Turkish producers' foreign sales prices for domestic manufactured metal products, except machinery, decreased by 0.76 percent compared to October and were up 3.89 percent year on year. Meanwhile, the average increase in prices in the latest 12 months was 15.51 percent.


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